Shipping industry faces $200 per container gap in emission transition

A 34-page study just released on the brink of COP28 examines the cost of zero-emission container ships, illuminating the annualised costs and the discrepancy in price per container between Chinese and transpacific coastal shipping. The report by the UK-based UMAS highlights the significant initial cost differential between traditional fossil fuels and scalable zero-emission fuels (SZEF),